Various countries, including the United States, enforce regulations on foreign monetary inflows, the Ministry of External Affairs (MEA) said. India on Friday responded to a remark made by a US lawmaker on the proposed Foreign Contribution (Regulation) Amendment (FCRA) Bill, stating that the matter is India’s ‘internal affair.’ Various countries including the United States, enforce…
According to Sebi, the Closing Auction Session is designed to ensure a fair and transparent closing price through an auction mechanism instead of relying solely on the earlier methodology (Volume Weighted Average Price or VWAP). The Securities and Exchange Board of India’s (Sebi’s) revised trading framework came into effect on August 3, introducing a Closing…
Rising global prices of the precious metals, preferential access through India-UAE CEPA could keep value, volumes high. With mounting pressure on the current account deficit, the Centre has more than doubled the customs duty on gold and silver to 15% from 6%. It has similarly hiked the import duty on platinum to 15.4% from…
Goldman Sachs reports that despite the Iran war impacting markets, diversified portfolios have shown limited damage, with a modest 5% decline. The firm suggests rethinking portfolio strategies to balance growth, inflation protection, and risk mitigation in the current environment. The Iran war has rattled global markets, lifted oil prices and reignited inflation concerns, but the…